From Our Correspondent
ISLAMABAD – The Malaysian investors have offered setting up of Timber & Furniture Industries and by-product of Steel Mill like Ash in Karachi to promote the construction industry in Pakistan.
They also showed interest in establishment of Electrical Storage Systems as well as setting up of Petro-Chemical industry in Pakistan.
A two- member Malaysian delegation led by Teo Ah Khing, called on the Federal Minister for Industries, Production and Special Initiatives, Jahangir Khan Tareen and expressed their interest to invest millions of dollars in various sectors in industrial and manufacturing sectors in Pakistan.
The Minister while welcoming their offer said that Pakistan was pursuing a liberal industrial policy which aimed to attract investment through joint collaboration by creating an investor-friendly environment, with a focus on further opening up the economy and marketing potential for direct foreign investment.
The Minister informed the delegation that infrastructure and telecommunication and road network are being expanded to encourage the investors to come forward for making investment in the industrial sector .
The minister further informed the delegation that the Gawader Port is an ideal location, where foreign investors can explore the possibility of investment in the fields of petrochemical, steel products and other export-oriented industries as the government has declared Gwadar as Duty Free Zone, he added.
He said that Gwadar Port and Free Trade Zone will have access for South Asian Central Republics and Afghanistan through land route.
He further said that Government of Pakistan is planning to set up a World Class Industrial Parks near Port Qasim to invite foreign investor to make investment.
The Minister assured the delegation his full support to provide every facility to them in making investment in Pakistan
The leader of Malaysian delegation, Mr. Teo appreciated the economic reforms introduced by the Pakistan during the last five years.
He was of the view that Pakistan now offers great incentives and a conducive environment for making foreign investment. He paid thanks to the minister for extending his support.


Plz pray,
Sardarzada

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God is dead! God remains dead! And we have killed him! How shall we console ourselves, the most murderous of all murderers? The holiest and the mightiest that the world has hitherto possessed, has bled to death under our knife....